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NextCure, Inc.

For the period ended Sep 30, 2025. Filed Nov 5, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 5, 2025

NXTC$6.27+17.6%Stored close · as of Nov 9, 2026

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Table of Contents

NextCure, Inc.

Form 10-Q

For the Quarter Ended September 30, 2025

TABLE OF CONTENTS

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​​Page
PART I. FINANCIAL INFORMATION
Item 1.Financial Statements1
​Condensed Balance Sheets as of September 30, 2025 (unaudited) and December 31, 20241
​Unaudited Condensed Statements of Operations and Comprehensive Loss for the Three and Nine Months Ended September 30, 2025 and 20242
​Unaudited Condensed Statements of Stockholders’ Equity for the Three and Nine Months Ended September 30, 2025 and 20243
​Unaudited Condensed Statements of Cash Flows for the Nine Months Ended September 30, 2025 and 20244
​Notes to Unaudited Condensed Financial Statements5
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations15
Item 3.Quantitative and Qualitative Disclosures about Market Risk24
Item 4.Controls and Procedures24
Part II. OTHER INFORMATION
Item 1.Legal Proceedings25
Item 1A.Risk Factors25
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds25
Item 3.Defaults Upon Senior Securities25
Item 4.Mine Safety Disclosures26
Item 5.Other Information26
Item 6.Exhibits27
SIGNATURES28

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.